On January 27, 2025, the Chairman of the Swiss National Bank, Martin Schlegel, spoke on interest rates and the economic strategy of the bank. He said the SNB doesn't like negative interest rates but cannot rule them out for the future, which is to say cautious as economic conditions change.
Schlegel said there may be months when inflation is negative, but he assures that this is not harmful and will not affect the overall economic plan. His basic focus is on stabilizing prices, which he assured remains the primary goal of the SNB.
There was a slight appreciation in the exchange rate of the Swiss franc and US dollar immediately after the speech by Schlegel. There is an observance on his part on future policy changes coming from the bank. On aggregate, his pronouncement showed commitment to closely monitoring the economic situation but holding dear price stability at the top.


BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations
Gold Slips Below $4050 as Bond Yields Surge to 4.7% on Fed Inflation Concerns – Sell Rallies at $4060 Targeting $3940
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates
ECB Expected to Hold Rates as Middle East Tensions Keep September Hike in Focus
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions
How an OpenAI safety test became a real-world cyberattack on the Hugging Face platform 



